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    12811 Indiana Ave Lubbock, TX 79423

    Sponsored
    For Lease
    $25 SF/Yr ($14,383 /Mo)

    Grocery-anchored space available.

    Lot size:
    6,904 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A retail space, totaling 2,552 square feet, is situated in a thriving South Lubbock location. Part of a larger, newly constructed (2021) retail center, this end-cap unit benefits from its adjacency to a United Supermarkets. The entire center encompasses 6,904 square feet, divided into four suites. The property boasts ample parking with approximately 600 spaces available for customers and tenants. The building is single-story, offering convenient access and visibility. This outparcel is zoned AC - Auto-Urban Commercial, allowing for a variety of retail or restaurant uses. The address is 12811 Indiana Ave, Lubbock, TX 79423, conveniently located at the intersection of Loop 88 and Indiana Ave, within a rapidly growing residential and retail area. The minimum divisible space is 2,552 square feet, and the maximum contiguous space available is also 2,552 square feet. This presents a fantastic opportunity for businesses seeking high visibility and strong foot traffic in a dynamic market. The property's strategic location and proximity to a major grocery anchor make it an ideal investment for a variety of retail concepts.

    Property Features for 12811 Indiana Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,904 SF
    Class
    A
    Total Rate
    14383.33

    Building Details

    Year Built
    2021
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 100
    Size
    2,552 SF
    Rate per SF
    $25

    HighLights

    • 2,552 SF Class A retail space in a new (2021) South Lubbock retail center.
    • End‑cap unit adjacent to United Supermarkets in a 6,904 SF center with ample parking (approx. 600 spaces).
    • Located at Loop 88 & Indiana Ave, in a rapidly growing residential and retail area.
    • Strong co‑tenancy including McDonald's, Alliance Credit Union, Sonic, Rosa's Cafe, Great Clips, HotWorx, and BNails Salon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bnails - Non Toxic ... Nail Salon Great Clips Hair Salon HOTWORX - Lubbock, TX ... Yoga Studio

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.88755351447
    Latitude
    33.477172353757

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    FAQs

    What type of property is this?
    Restaurant - Grocery-anchored space available.
    Where is this restaurant located?
    The property is located at 12811 Indiana Ave Lubbock, TX.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 2,552 SF Class A retail space in a new (2021) South Lubbock retail center.; End-cap unit adjacent to United Supermarkets in a 6,904 SF center with ample parking (approx. 600 spaces).; Located at Loop 88 & Indiana Ave, in a rapidly growing residential and retail area.
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    Lubbock, TX 79423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12811 Indiana Ave Lubbock, TX 79423
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